I’m here to give you the antidote to fear and uncertainty by taking action. One of the pillars of a sound financial plan is RESILIENCE, which is the ability to get through a crisis without derailing your future. The next crisis is here, and we don’t know how long it'll last. But, it’s not time to panic. Here’s what you can do, right now:

One: Treat your investments with care. Now is not the time to sell out or make emotional decisions. Instead, it’s time for careful changes, seeking out opportunities, and modifying goals if need be. Please, if you’re worried about your investments, reach out. You shouldn't have to go it alone.

Two: Revisit your emergency reserves. If you’re worried about loss of income this year, this will help make sure you’ve got enough to avoid tapping your long-term investments ahead of schedule. Need help? I can help you identify your first, second, and maybe even a third source of cash if you think you’ll need it.

Three: Build a flexible mindset. We don’t know when life will get back to normal, so think about your plan A, plan B, and even plan C for 2020. Contingency planning like this, is a great way to fight against anxiety.

We're in unusual times, and it’s normal to worry about the future. I worry sometimes. For my friends & family, our community San Luis Obispo, and the country.

But, when I'm at my best, I'm focused on what I can control. Things like my behavior, my mindset, and my action-plan. I’m using this time to grow stronger in my faith and as a financial planner.

How are you using this crisis to grow stronger? 

If you have a question or if you’d like to discuss some of the things I've talked with you about here, please reach out. I’m here for you and I'll respond personally.

Eric Maldonado, CFP®, MBA

eric@aquilawealth.com